Loan Amortization Schedule Goes to 0 when updating Principal Percentages
Last updated on SEPTEMBER 21, 2016
Applies to:Oracle Loans - Version 12.1.3 and later
Information in this document applies to any platform.
Attempting to update an amortization schedule on a loan.
When hitting recalculate, the entire principal balance goes to the first line in the schedule, and it shows 100% for that line.
Steps to Reproduce:
Responsibility: Loan Agent
Navigation: Loan Dashboard
1. Create a loan with separate schedules (INT = Monthly, Princ = Quarterly).
2. Customize the amort schedule, and make the principal %'s 20-30-30-20 (instead of 25-25-25-25).
3. Hit recalculate, and the entire principal amount goes to the first row of the amort schedule, and % is 100 for that line.
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